Advertising Industry
Bookkeeping & Accounting for Advertising Industry
The advertising and marketing industry is rapidly growing, driven by social media and advanced technology. With over 38,000 advertising companies in the U.S., this online business model allows firms to serve clients globally, from clothing to IT. At Finslog, we specialize in providing tailored bookkeeping and accounting services for the advertising sector. Our outsourced bookkeeping services utilize cloud-based solutions like Zoho Books, QuickBooks, and Xero. With our expertise, we help small and medium-sized businesses minimize direct and indirect taxes while streamlining their financial processes.
Reasons to do bookkeeping for Advertising Industry
Know your Profit Client wise
In advertising, businesses incur recurring expenses on platforms like Google Ads and Facebook, requiring tracking to analyze profitability by client or campaign.
Sales tax Compliances
Accurate accounting in the advertising industry allows corporate clients to claim maximum VAT/GST input credits, improving cash flow and compliance.
Billing on Basis of Hours Spent
In the advertising industry, tracking billable hours for campaigns is essential to ensure accurate client billing and maximize profitability.
Accounts Payable
Managing accounts payable effectively is crucial in the advertising industry, as multiple vendors provide essential services for successful campaign delivery.
Handel Reimbursement
A reliable system is essential for tracking employee expenses like travel, food, and loading, ensuring accurate reimbursements and timely payments.
Automation Accounting with Cloud Bookkeeping Software
For better and smooth bookkeeping for Advertising / Marketing Industry you can opt for cloud bookkeeping software such as Xero , Quick books , Xero , Wave etc. Cloud bookkeeping software’s have multiple feature and affordable they then help in day to day bookkeeping , preparation of financial statements , trail balance etc. You can closely monitor on cashflow , sales etc.
How Cloud Bookkeeping Helps for Advertising Industry
Below reports can be generated with use of cloud bookkeeping software.
✔ Operate from anywhere
✔ Keep track of day-to-day bookkeeping
✔ Prepare Trial Balance
✔ Financial Statement
✔ Track Project-wise / Client-wise Reports
✔ Cash Flow Management
✔ Accounts Payable Report
✔ Accounts Receivable Report
Checklist To Follow
| Checklist to Follow | Time | |
|---|---|---|
| Month End bank Reconciliation | Monthly | |
| Month End Loan account Reconciliation | Monthly | |
| Compare Actuals with budget of same month | Monthly | |
| Review Billable and Non Billable expense | Monthly | |
| Month End Journal Entires | Monthly | |
| Update Vendor Reconciliation | Monthly | |
| Update Petty Cash Balance | Monthly | |
| Raise Alert for Accounts Receivable exceeeding 45 days | Monthly | |
| Payroll Management | Monthly | |
| Monthly Tax payments | Monthly | |
| Monthly Compliances of TDS , GST , IT | Monthly | |
| Month End Reporting | Monthly |
Our Accounting Services for Advertising/Marketing Industry
We have team of professional who are experienced in working with Advertising Companies. We are also certified consultant for Zoho book , Quick Booke , Xero etc. Get incredible insight into your business with advanced reports. You get real time access to your financials so you can easily understand profit margins and make changes in business strategy. Our services to logistic companies helped them to save on cash management and taxation.
Financial Goals to Advertising business
✔ Cash Flow Management
✔ Proper Documentation of Expense
✔ Correct Reporting of Sales Tax Return
✔ Key Performance Indicator
✔ Avail Cash Credit on Timely Payment
Why Choose Us?
Finslog is actively providing outsourced bookkeeping, Accounting , payroll and compliance services to small and medium business and CPA Firms. We will help you to identify the financial rations , indicators and performance readily, helping you to make the right decisions at the right time.
Upto 50% Reduced Cost
Upto 50% reduced cost compared to in-house services. Our service cost is lower due to cheap labour even thou no compromise in quality of services.
Time Zone Advantage
Favorable time zone advantage between India and US ensures high productivity and faster turnaround. We reply to mail within 24 hours.
Data Security
We use secured document management system with high end level of security. Business can rely on our services about documents safety along with Information.
Export Team
We bookkeeping team is combination of Chartered Accountant (CAP) & commerce graduates. We have expertise in bookkeeping & accounting.
Process-driven work
We developed process flow for start to end bookkeeping. We have checklist , formats and proven Project Management system helps to communicate.
Growth Services
Delegation of work helps business to give attention on primary business activities for growth. By outsourcing bank office you focus on Growth.
Quick Connect With Us
Part Time / Full Time
Resources For
✔ CPA Firms
✔ Enrolled Agents
✔ Bookkeeping Firms
✔ Tax Practitioners
✔ Business Owners
Why Finslog is the First Choice
for Accounting & Tax Preparation
Finslog offers expert, cost-effective, and reliable accounting services with a focus on transparency, efficiency, and timely results
✔ Experienced Professionals: Skilled team with years of experience ensures reliable and accurate results.
✔ Efficient Project Management: Self-hosted system enables smooth communication and seamless project handling.
✔ Cost Savings: Save 40-50% compared to local accountants without compromising quality.
✔ Transparent Processes: Clear workflows keep clients fully informed and confident in the outcomes.
✔ Quick Turnaround: Same-day or 24-hour maximum response time for inquiries.
✔ Regular Updates: Frequent email updates provide essential business information and progress reports.
✔ On-the-Go Meetings: Schedule expert meetings anytime for efficient communication.
✔ Meeting Deadlines: We complete work ahead of deadlines to ensure a smooth process.
✔ Comprehensive Checklists: Detailed, well-organized checklists eliminate confusion and ensure thorough coverage.
✔ High Quality Standards: Standardized procedures ensure error-free work and top-quality service.